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The Citizenship by Investment Program in Grenada was established in 2013, offering investors the opportunity to obtain citizenship in return for an investment in the country. The program is designed to provide a range of benefits, including visa-free travel to over 140 countries, low tax rates, and a stable political and economic environment.
The basic eligibility for the program requires a minimal investment in a government-approved real estate project, or a donation to the Grenada National Transformation Fund. The application process is straightforward and efficient, and citizenship is granted within 4-6 months of the application being approved.
Benefits of Grenada Citizenship by Investment Program
Requirements for Grenada Citizenship by Investment
To be eligible for Grenada Citizenship by Investment, applicants must be at least 18, pass a due diligence background check, and make a qualifying investment in the country.
This can be a non-refundable contribution to the National Transformation Fund (NTF), investment in an approved real estate development, or an approved project under the Grenada Citizenship by Investment Program. Additionally, they must have no criminal record and be of good character.
Documents Collection and Submission
Due Diligence Check
Approval and Investments
Issuance of Passport and Citizenship
Cost of Grenada Citizenship by Investment Program
This is a donation or contribution to the National Transformation Fund (NTF).
- Single applicant: US$ 150,000
- Applicant and spouse: US$ 200,000
- Family of up to 4 members: US$ 200,000
- Each additional qualifying dependent: US$ 25,000
Real Estate Investment
- US$ 350,000 investment in Real Estate (or)
- US$ 220,000 government approved investment in each unit share
About the Country
Discover the idyllic beauty of Grenada, a Caribbean paradise consisting of seven picturesque islands. Known for its stunning natural landscapes, including pristine beaches and breathtaking waterfalls, tourism thrives as one of the country’s top industries.
As a peaceful and politically stable nation, Grenada appeals to both expatriates and high net worth individuals alike. With an impressive financial system and numerous world-renowned universities, this “Spice Island” is both a beautiful and intelligent destination. Experience the warmth of its year-round climate and enjoy modern amenities like a top-notch road network, reliable utilities, and cutting-edge communications technology.
Capital: St. George’s
Total Area: 348.5 Km2
Languages: English, Grenadian Creole, French
Currency: East Caribbean Dollars (XCD)
Exchange Rate: 1 USD = 2.7 XCD
GDP- Per Capita (2016): USD 9,469
GDP- Total (2016): USD 1.016 Billion
About Grenada Passport
The Grenada passport is highly regarded worldwide, with visa-free access to over 140 countries, including the UK, the EU Schengen Area, and China. It offers holders increased global mobility and access to new business opportunities.
They also benefit from a stable political and economic environment that promotes foreign investment and economic growth.
Who is eligible for the program?
When is the most suitable time to make an investment?
What is the validity of the Grenadian Passport?
What benefits does the program offer?
FAQ's About Grenada Citizenship by Investment
Foreign nationals at least 18 years old and who can pass a due diligence background check are eligible for Grenada citizenship by investment.
They must make a qualifying investment in Grenada, which can be a non-refundable contribution to the National Transformation Fund, an investment in an approved real estate development or an approved project under the Grenada Citizenship by Investment Program. Additionally, they must have no criminal record and be of good character to qualify for citizenship.
The most suitable time to gain citizenship through investment depends on an individual's unique circumstances. Researching different citizenship by investment programs and consulting with an experienced advisor to determine the best time to invest is advisable.
Factors such as investment options, processing time, and financial resources should be considered when deciding when to apply. It is important to plan ahead and consider all aspects of the investment to ensure the best possible outcome.
The Grenadian passport is valid for five years for adults and children under 16. The passport allows the holder to travel visa-free or with a visa on arrival to over 140 countries, including the United Kingdom, Schengen Area, and China. The validity period starts from the date of issuance.
It is essential to renew the passport before it expires to avoid travel restrictions and ensure hassle-free travel.
By obtaining a Grenadian passport, individuals are granted visa-free travel to many countries in Europe, Asia, and other regions. This opens the door to numerous business and investment opportunities, as well as access to internationally recognized offshore banking services. And many more benefits can be found in the benefits section above.
You do not have to live in Grenada to become a citizen through the Grenada Citizenship by Investment Program. The program has no residency requirements, meaning you can apply for and obtain citizenship without ever setting foot in Grenada. However, citizenship comes with some benefits, such as the ability to live, work, and study in Grenada, which may require spending some time in the country.
As a Grenadian citizen, you can apply for an E2 visa to the United States. Grenada is one of the few countries whose citizens are eligible for the E2 visa program, which allows foreign investors to enter and work in the US based on a substantial investment in a US-based enterprise. However, applicants must meet all the E2 visa requirements and go through the application process to obtain the visa.
Visa Free List
In addition to the list of countries, access is subject to variations depending on the policy of each government.
141+ VISA-FREE COUNTRIES *
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